2020 has been an odd year to say the least, but has it opened up some new thoughts about what people are looking for in a forever home? ABSOLUTELY. After adapting to new lifestyles (remote work, virtual learning, working out at home, etc…) many are finding that the homes that seemed like they were big enough actually do not have the space to be able to accomplish all of these new home tasks.
“According to the latest Home Price Insights from CoreLogic, prices have appreciated 7.3% year-over-year. At the same time, the National Association of Realtors (NAR) reports that inventory has dropped 22% from one year ago.”
Why do these statistics matter to you? Inventory is down and demand is up. If you are thinking about selling to upgrade – the equity in your house has likely increased and there are many buyers looking.
Give the Kate Seaman Team a call and find out how we can get you into a home that will fit your new lifestyle.
Source: Did You Outgrow Your Home in 2020? – Keeping Current Matters